All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Regulatory hurdles delay Revolut’s UK banking licence-report

The company is in the midst of a “mobilisation phase” after being granted a conditional UK banking licence in July 2024.

Kirkland & Ellis dominates M&A legal advisory in first three quarters of 2025

Kirkland & Ellis attained the top rank by providing counsel on 384 transactions, which cumulatively amounted to $414.1bn.

Goldman Sachs and Houlihan Lokey lead in M&A advisory for Q1-Q3 2025

With regard to deal volume, Houlihan Lokey topped by offering advisory services on 240 deals.

Emirates NBD to buy majority stake in India’s RBL Bank – report 

Emirates NBD would conduct the transaction through its Indian subsidiary, which is expected to be integrated with RBL Bank post-purchase.  

ANZ Group halts share buyback, redirects funds to strategic revamp

ANZ has revealed plans to achieve A$800m ($517.6m) in cost savings before tax during the current financial year.

FIS integrates Glia’s AI to improve customer service in banking 

The technological incorporation will address routine customer inquiries with AI agents, while complex issues are escalated to human agents. 

Revolut gains licence to establish banking operations in Colombia 

The licence allows Revolut to begin building its banking infrastructure in Colombia, with plans to launch its digital banking services by 2026.  

Citi meets Nigeria’s banking capital norms with $136m infusion-report 

The move ensures compliance with the N200bn ($136m) threshold mandated for lenders with a national banking licence.  

US regulator to restrict bank examiners’ oversight to strictly financial risks 

The proposals are aimed at restricting its examiners to focus only on core financial risks and limit their authority to address nonfinancial issues. 

Fifth Third Bancorp enters $10.9bn deal to acquire Comerica 

Fifth Third shareholders will own about 73%, and shareholders of Comerica will have 27% of the merged entity.